How Will You Measure Your Life?

Wednesday, October 19, 2011 by Brandon Russell
Success is measured differently by each person.  The school you attended, the company for which you work, the balance in your bank account, among other criteria, are all yardsticks by which people measure personal success.

I was recently handed an article by my CEO, asked to read it and share my thoughts.

The article came from the Harvard Business Review, and was authored by Clayton M. Christensen (Yes, the Clay Christensen who penned The Innovator's Dilemma - the penultimate authority on disruptive technology, and a great read for anyone interested in technology and how it interacts with and impacts society.)

The article, titled, "How Will You Measure Your Life," discusses the common pitfalls college and graduate school students experience when plotting their futures - and puts forth a simple, yet poignant truth - success is defined by how you, not others, measure your value and merit.

A Harvard Business School professor, Christensen's theories on management, disruptive technology, and leadership serve as the foundation of his lectures as he empowers his students to dissect real-life organizations and understand how decisions and practices, no matter how small or seemingly insignificant, can have a major impact on an organization.

That's all great, but I know those of you who have bothered to continue reading are wondering, "How does this relate to me? Why is this relevant to the Orr Fellowship, and why do they let you write these blogs, Brandon?"

I was getting to that.  But first I had to lay some groundwork. On the last day of class each semester, Christensen asks his students to turn these theoretical lenses on themselves.  How have their decisions, even small ones, impacted their lives, and eventually led them to where they are today?

He asks them to study themselves, and find answers to 3 simple questions:
  1. How can I be sure I'll be happy in my career?

  2. How can I be sure my relationships with my friends and family become an enduring source of happiness?

  3. How can I stay out of jail?
Okay, the third question is a little odd, but Christensen was classmates with former Enron President and current resident of the Englewood, Colorado Correctional Facility, Jeffrey Skilling - so it's relevant.

After reading the article, I turned these lenses on myself and the decisions I've made that have led me to where I am, and have reached out to others in the Orr Fellowship to do the same here's what I've found:

1) How can I be sure I'll be happy in my career?

This was big for me.  Like many other Orr Fellows, and I'm sure many Orr Fellowship candidates - I had offers for distinguished post grad jobs from companies whose names have serious brand equity, companies where my entry-level paycheck would have allowed me to purchase many leather-bound books and housing that smells of rich mahogany, but with me, as with the other Orr Fellows I included in my little experiment - it isn't all about the money, the title, or the bravado that comes from saying, "I work for Company X."

We joined the Orr Fellowship and took positions at high-growth startups because of the opportunity the program offers. The opportunity to network with professionals and leaders in the community, to grow personally and professionally, and the opportunity to create strategies for our lives. What the Orr Fellowship lacked in glamour, our clout, it has made up in spades through the opportunities we've been afforded.

Orr Fellowship companies are some of the best places to work in Indiana, and the entrepreneurial spirit in each organization, and the dedication to the personal and individual success of each employee is something you'd be hard pressed to find anywhere but a high-growth startup.

2) How can I be sure my relationships with my friends and family become an enduring source of happiness?

I know. This is a blog about work, and business, and technology, not the Dr. Phil Show. But, It's time to get personal. Plus, let's face it - to be productive at work, you need to be happy outside of work, and vice-versa. Relating this to my, and others' time in the Orr Fellowship, the common thread was the relationships I've developed within the program ARE an enduring source of happiness for me. Digging deeper, it's not just the relationships with other Fellows that add value to our experiences, it's our relationships with our non-Fellow co-workers, our executive sponsors, and the people who speak at our Business Leader Meetings, who augment our experiences.

Yes, as Orr Fellows we spend a lot of time together and get to know each other on a personal level. But our culture as an organization, goes beyond that. We develop common bonds. We become friends. And these interactions, both positive and negative, ensure we continually grow as professionals and as people.

3) How can I stay out of jail?

I don't really need to go into much detail on this one - it's pretty self explanatory. Just don't do anything illegal. One Fellow went a philosophical on us and asked, "Why does jail have to mean prison?" He continued, "I think sometimes people build jails for themselves as a result of the choices they make, so I would challenge everyone to not only stay away from the illegal, but go one step further and stay away from the immoral, the ill-advised, and the unjust, as well. I'd challenge us to live lives of which we can be proud, not just try to stay out of jail - because a lot of guilty people aren't in prison."

At the end of his article, Christensen offered one extremely sage piece of advice, and that's how I'll end this post.

"Choose the right yardstick."

Only you know what's best for you. Do not measure your success by how others measure you. Choose the path that will allow you to be happy in your career, happy in your relationships and interactions with others, and keep you out of jail.

If you've read this far, I applaud, and thank you. I can be a bit long-winded. If you'd like to read Clay Christensen's full article, and turn this lens on yourself (I'd recommend it), Click Here.

The Young and The Proud

Thursday, August 25, 2011 by Breana Buchler

Last week, I received a very interesting email. This message informed me that Mayor Ballard, and Governor Mitch Daniels would be paying a visit to Angie's List, my host company, the following day. As I drove up to the ever eclectic Angie's List campus the next morning, the energy was undeniable. The entire company was counting down the minutes until 9:15, when the two were scheduled to arrive. At about 9:00am, my department was buzzing was eagerness. We all walked over to the courtyard where a mix of employees, including many Orr Fellowship alumni, sat on hand-me-down picnic tables, looking on as Angie Hicks introduced the mayor and the governor.

The first statement Governor Daniels made was that he was proud of this organization and the impact it has made on the near east side of Indianapolis. As he continued his speech, I could not help but feel pride as well. I am proud to be a part of Angie's List. I am proud to be associated with one of the Best Places to Work in Indianapolis; a company that will be providing over 500 jobs in the city of Indianapolis in the next 5 years. I then looked around at all of the Orr Fellow alumni, and thought about their positions within Angie's List, as well as all of the entrepreneurial endeavors they work on after hours and the career opportunities they are pursuing.

I could not help but feel, in that moment, that I was beginning to fully realize the mission of the Orr Entrepreneurial Fellowship in Indiana. Angie Hicks, Co-founder of my host company, is motivating me to take a career risk. The current Orr Fellows and alumni I associate with, aside from their distinguished post-grad jobs, are motivating me to do more with my energy than just a 9-5 job. Governor Daniels and Mayor Ballard are motivating me to make a tangible impact on the city of Indianapolis.

As I left my office that day, my head was buzzing with opportunities to pursue around the city. I spent that evening sending emails and brainstorming how I could give back to this community that is offering so much to me during my fellowship experience. I found myself reaching out to connections I have already made through the Fellowship to offer help in various volunteer avenue. I was beginning to take advantage of post-graduate networking in Indianapolis. I am so fortunate to have the opportunity to experience the influence of city and state leaders just three short months out of college.

Attention College Seniors: You'd be crazy not to look at the Orr Fellowship

Thursday, August 25, 2011 by Alec Synnestvedt
Today marks my two month anniversary at T2 Systems. What's it like so far?

Awesome. I love my team, my executive mentors, and the work I get to do daily. I'm already contributing meaningfully. Nothing feels better than that. Of course, a grown-up salary and this great city make me feel pretty good, too. Yep, T2 Systems was voted one of the best places to work in Indiana and one of the INC 5000 for the sixth year.

Plenty of classmates that graduated with me in May are still in training at their respective jobs. And, unfortunately, plenty more are still on the job hunt. But you already know that the Orr Fellowship involves an exciting job opportunity at a fascinating company. My job is to tell you what you can't learn on our website.

As promised, here's a bit of what I've been up to in the past few weeks:
  • Elevated my host company's social media presence across all channels
  • Helped revamp my host company's blog plan & wrote a few posts
  • Attended a concert at the Vogue
  • Rode my new bike from my Woodruff Place apartment to Mass Ave downtown countless times
  • Spent the weekend with the rest of the awesome Orr Fellows on our retreat at Bradford Woods--you guys rock!
  • Written a few email marketing campaigns, one of which almost had a 40% open rate
Interested? Cool. Are you qualified? I hope so! Here are the requirements:
  • Cumulative 3.5 GPA or higher (students with as low as a 3.2 GPA will be considered if they have extensive leadership experience)
  • Demonstrated leadership potential (leaders in on- and off-campus clubs/organizations/athletics)
  • Strong interest in entrepreneurial business or organizational leadership
  • An expected graduation date in 2012 with one or more undergraduate major
  • Graduate of an Indiana college or university (or a native Hoosier graduating from any school around the country)
The application deadline is quickly approaching! All you have to do to get started is submit your resume.

Like a good whiskey

Sunday, August 7, 2011 by Alec Synnestvedt
The Orr Fellowship just keeps getting sweeter as time passes.

When I was going through the recruitment process almost a year ago, I was all kinds of fired up about the chance to be mainlined into a high growth Indiana company. The prospect of learning from host company executives and Indianapolis business leaders in my first job out of DePauw University had my mouth watering. The idea of gaining more experience in two years than most college grads get in five thrilled me. And in December, after I earned a position in the Orr Fellowship and my host company, T2 Systems, I could hardly wait to get started in June.

But I also had a lot of unanswered questions. I had no idea what life as an Orr Fellow was like. As a creative writing major, I didn't know what to expect from the tech industry. And, being from Detroit, I wondered about what life in Indianapolis had in store for me.

Maybe you, like me, are excited by the Orr Entrepreneurial Fellowship. (You would be silly to regard it as anything other than a wonderful opportunity). And maybe you also want to know more about what it comes with. So my next few posts will constitute a snapshot of my experience so far, a month and a half in.

Here are some of the things I did today:
  • Attended a Venture Club of Indianapolis meeting with Chris Palmer and an executive at my company. Our CEO spoke on the guest pannel.
  • Helped develop my company's social media presence
  • Worked on my salesforce database skills while sending messages out to customers
  • Had a bbq pork sandwich and a beer in the office as part of our thirsty Thursday tradition.
  • Wrote this post.

Questions? Email me at alec.synnestvedt@orrfellowship.org

Indianapolis Startup Scene

Saturday, January 8, 2011 by Kate Carrico
A recent article by the Indianapolis Business Journal (IBJ) highlighted multiple events and happenings in the Indianapolis area that point to the ever-growing entrepreneurial community here.

The article discusses Hackers and Founders, a monthly meetup that brings entrepreneurial-minded people together to hear three business pitches for high growth start-ups. Organized by Matt Hunckler, a current Orr Fellow, the monthly gatherings now reach around 200 people! From experienced entrepreneurs like Chris Baggott to young people such as current Orr Fellows and everyone in between, these meetups offer a chance to network, bounce ideas off one another, and learn about running a start up company -- all while enjoying food and drinks! If you're interested in starting a career in entrepreneurship or have an interest in the startup scene, this event is not one to miss.

The article also gave a shout out to the Orr Fellowship for its ability to bring young entrepreneurs to Indianapolis to work entry-level jobs in startup companies. This year, we've grown the Fellowship once again by taking nearly 30 new Fellows working for around 20 companies. By bringing some of the best and brightest recent grads to the Indianapolis area, the Fellowship is doing its part to keep fueling the entrepreneurial fire.

We're excited to see what 2011 has in store for each of us, the Fellowship as a whole, and the Indianapolis entrepreneurial community!

No Tree Luggers This Year?!

Wednesday, January 5, 2011 by Allison Bowen
Yes folks, you read that right.  Unfortunately, the Orr Entrepreneurial Fellowship is not taking on the challenge of lugging trees.  You may think that it's because our new Fellowship class just couldn't cut it.  While you might be correct (I'm a second year Fellow, I can say that, right?), the reality is that this wonderful program just didn't fit this year.  

With the expansion of our new class, we've begun growing in other ways.  For example, our business meetings just keep getting better and better - Gov. Mitch Daniels, Ellen Annala (CEO of the United Way of Central Indiana)...  And more!  Not to mention, we've all been incredibly busy with each of our high growth start-ups.  Your first job is never easy, but since we are all holding a full-time position in such fast-paced and growing companies, our jobs keep up hopping even more.

So you may be wondering, what in the world will you do with your tree this year without Tree Luggers?!  Here are a few options that we've been able to locate around the city:

The Indy Parks recycling locations:
http://www.sustainindy.org/press-events.cfm?news_id=356  
- This is a list of the recycling locations – individuals wanting to recycle their trees here will need to bring the trees there themselves or find another group/company who is offering a pick-up service.
 
Pick-up: Simple Mans Tree Service
http://www.smts.us/  
- Pick-up is $20. (Yes, we checked and they are highly rated on Angie’s List!)

Thank you to each and every one of you that has chosen to take part in Tree Luggers in the past.  We certainly appreciate your generosity and could not have done it without you!  Through the years we've been able to make some great donations and help out many worthwhile causes.

Keep an eye out in the future...  Just because we're busy with our entrepreneurship careers doesn't mean we won't be taking the time to stop and help others!
 


Bofo Breakfast

Thursday, December 9, 2010 by Kate Carrico
This morning, I was lucky enough to go to breakfast at Cafe Patachou with three other first-year Fellows and Scott Brenton, the Chair of the Fellowship Board of Directors. While we enjoyed some of the delicious food, we discussed all things Orr Fellowship and the current and future state of the program.

We discussed recruitment, which wrapped up on Friday when our 21 2011 host companies interviewed around 40 finalists and began their difficult decision making process. We're so excited to welcome our new Orr Fellows in the upcoming weeks as they accept jobs at some wonderful entrepreneurial companies in Indianapolis! 

We also talked about different initiative areas, such as service and our international trip! Our Fellowship class will be the very first group to get to go on an international trip at the conclusion of our two year commitment. Not only will we get to travel abroad to experience high growth start-ups in the international business community, but we will get to go with 20 of our closest friends! We get to work with our Board of Directors to choose the destination of the trip--who knows where we'll end up going!

The Orr Fellowship has a lot to offer any qualified college graduate. While we're no longer accepting applicants for the 2011 class of Fellows, it will be recruitment season before we know it for the class of 2012!

Appreciation is Underrated

Friday, November 19, 2010 by Felix Lukose
Most of us take our work seriously and do it sincerely. We do it for a variety of reasons. We want to increase our career potential, to learn, to support ourselves and a family, etc. Most of us do not do the work that we do for praise or recognition. As the mantra of the Fellowship goes, "Do your best work, period."

However, a little appreciation goes a long way for the hard working folks. This revelation came to me when I was commended by a few different people I work with for the work that I have completed. I have taken on a undefined role within my host organization, which allows me experience across all the different departments and functional teams. As I like to describe it, I don't have a boss; everyone is my boss.

I recently completed work on preparing and sending out our Quarterly Reports for the 3rd Quarter. It was exhausting and tough, as it was the first time I had done it primarily by myself. I wasn't dedicated to this assignment either, as other parallel projects were on my plate as well. I feel as though I am able to catch my breath a tad at the moment, which really made those comments in regards to my work special.

I love working in this entrepreneurial fellowship that fosters an atmosphere were I interact with everyone in my organization. I never thought I would be in an entry level job that quickly gave way to such career potential. I wouldn't trade my often fast paced job for anything else given my ability to see the direct impact of my work.

So I encourage anyone that gets this message to reach out and make an effort to commend someone around you for the extraordinary effort that they have been putting in. It can be a minuscule and almost brainless act, but the impact can be absolutely warming.
Appreciation

Orr Fellowship collaboration at its finest

Friday, November 5, 2010 by Lauren Weatherall

I realize I have yet to make a splash on the Orr Fellowship blog (shame on me), but I’m hoping that – after reading this post – this will speak to not my lack of involvement with or enthusiasm for the Orr Fellowship, but quite the opposite.

As I read through the blog posts to date from my fellow Orr Fellows, it’s clear that this entire string highlights one reason after another why you should respect the organization’s goals and obvious deliverables (deliverables? Meaning: the network, connections, friendships, professional experience and education, exposure to executives and high-growth startups, entrepreneurial opportunities, and on and on…) – or even consider applying. It’s a team effort to grow and improve the Fellowship, which says something else about it. We have all either consciously or unconsciously acquired a sense of ownership of the program. Every new class of Orr Fellows has the potential to define the Fellowship further, which is intensely motivating.

Matt Hunckler at Hackers & FoundersIn that same vein, one of the biggest themes between the two current classes of Orr Fellows (2009 and 2010) right now is collaboration and, more importantly, the power thereof. Orr Fellows are active and making an impact on the Indianapolis community. Matt Hunckler, with assistance from Jon Corwin and other Orr Fellow alumni, organizes Hackers & Founders, a group for entrepreneurs and developers passionate about startups and new opportunities. Max Yoder decided to help give the group some face time and wrote about it for the Indy Spectator (this tweet shows how the magic happens).


Max Yoder's first album - BOOMSpeaking of Max, he’s also fairly active with his music alongside his job and Orr Fellowship activities. I (Lauren Weatherall) am working with a co-worker of mine in organizing Linking Indy Women, a networking group for women professionals looking to share and be inspired by others’ accomplishments. In short, a lot of great things are happening through collaboration and, often times, connections spurred by the Orr Fellowship serve as the catalysts for this kind of activity.
 

For brevity's sake, I won’t delve into further examples, but I will express my enthusiasm for the culture we, as Orr Fellows and motivated young professionals, are helping cultivate in Indiana. I'm surprising myself by how much I'm enjoying Indianapolis right now; I think it's partly because I can see and am part of some of the changes happening here. People are helping and connecting each other in the entrepreneurial scene (well, and just in general) and I'm finding myself constantly surrounded by positive energy. I can honestly say I have the Orr Entrepreneurial Fellowship to thank for that. Wherever you go and whatever you do, never underestimate the value in connecting and collaborating with people. Who you surround yourself with makes all the difference. If there's one thing I could share that I've learned in the past few months, that's it.

Recruitment Season Half-Way Point

Thursday, November 4, 2010 by Kate Carrico
Orr Fellowship recruitment season is about halfway through! We've reviewed thousands of resumes, interviewed around 200 candidates, and selected the candidates to move on to the Reception on the Circle (ROTC) coming up on Thursday at the Mavris. All this work to bring some of the best and brightest minds from Indiana to some of the most exciting high growth start-ups! We're very excited about the talent of the candidates that we have continuing through our selection process.

So what's next for those looking for jobs with entrepreneurial companies in Indianapolis? ROTC is an event where candidates get a chance to meet all of the current Fellows, Fellowship directors, and host company directors. Various members of the Fellowship share stories about their experiences and hopes for the future direction of the Fellowship. After ROTC, candidates will move to Finalists' Day in which candidates interview with the executives of the high-growth Indianapolis companies. Each candidate will interview with four to five host companies and will know within the week whether they have been extended an offer.

We're looking forward to welcoming the next class of Orr Fellows!

Meeting a "Thought-Entrepreneur"

Monday, October 18, 2010 by Felix Lukose
I concede that I am a nerd. No contest. As a friend recently put it, I "got to meet my Taylor Swift."

Prof. Steven Levitt, co-author of Freakonomics and Superfreakonomics was a recent speaker at Purdue for the Krannert Leadership Speaker Series which I had the privilege of attending and covering (article here). Aside from being a personal hero of mine, he has been heralded as the "Indiana Jones of Economics" by the Wall Street Journal. Time named him to the "Top 100 People Who Shape Our World" in 2006.

The man embodies everything that is entrepreneurial, minus the directly creating a business part. He has made a career out of challenging conventional wisdom and taking a moment to step back, and look at common problems at a slightly different angle. Isn't that essentially what an entrepreneur aims to do? Creating a need, solving a problem, explaining the abnormal, defining a connection, etc.

How does he apply to entrepreneurship careers? Like his father, he set out to answer the questions that others in their respective fields failed to. Therefore, he doesn't consider himself a "real" economist, but something gives me the feeling that he is OK with that. As members of the Orr Fellowship, placed in fast paced jobs, Fellows thrive on innovation. Whether it is expanding our role within our host organization or bouncing off ideas with other 20-somethings, I would like to think that we are trying to ask those unasked questions and seeking answers to ones that have been given up on.

If I learned anything from Prof. Levitt, it's that a key element to creating an industry is questioning the norm. Figuring out whether the way something has been done is in fact the best way to do it. Taking something that is granted and proving its worth.

Indianapolis Living

Thursday, October 14, 2010 by Kate Carrico
If your friends are anything like mine were senior year of college, a bunch of them are talking about getting out of Indiana after school is over and heading to a big city like Chicago. You could even be one of those people that thinks Indiana is only made up of corn and basketball and can't wait to leave after graduation...

But don't discount Indiana that fast! As the commercials for Indiana Beach say, there's more than corn in Indiana! Indianapolis is home to one phenomenal football team, a huge number of conferences and sporting events, multiple cultural districts, museums, art galleries, and a symphony orchestra. There is always something going on around town and it's a breeze to get involved. Also, there are many great neighborhoods to live in, the commute times are short, and the city is easy to navigate!

If you're interested in high growth start-ups or technology jobs, Indianapolis could also be for you! There is a great small business community as well as a phenomenal network of high tech start-ups throughout the city.

The Orr Entrepreneurial Fellowship is a two-year commitment for new college grads that takes advantage of the business culture in Indianapolis and looks to keep it booming by bringing incredible young talent to promising companies. From industry leaders such as ExactTarget to up and coming companies such as BlueLock, the Orr Fellowship partners with the outstanding business community to provide a phenomenal experience for both host companies and Orr Fellows. 

If you're a college senior looking for jobs, check out the Orr Fellowship today!

Real Expectations

Wednesday, October 13, 2010 by Jill Goldschmidt

After attending several of the Governor Bob Orr Entrepreneurial Fellowship recruiting events, I have discovered a common concern held by many senior candidates.  As if the job search isn’t stressful enough, many college seniors are concerned that recruiters are attempting to “sell” them on the job at hand, leading them to hold false expectations about what the job will really be like.
 
My response to their concerns is always the same.  We’re not here to “sell” you on anything.  Our responses to your questions and accounts of our experiences are completely genuine.  When we say the Orr Entrepreneurial Fellowship offers executive mentorship, it’s the truth.  Last month, I went to lunch with the President of my company where we talked casually about his career successes and some of the business challenges he’s faced.  On a more frequent basis, I experience executive mentorship through some of the projects I am working on with the VP of Technology.  He’s taken a direct role in some of the critical learning experiences that have pushed me to grow at my host company. 

When we say that the Orr Fellowship offers networking and social opportunities, we mean it.  Aside from our monthly Business Leader Meetings, there is a steady stream of networking opportunities, whether it’s attending a technology-based convention in Indianapolis or attending an Orr Fellowship social event, like the one being held this month, where guests include Orr Fellowship Board Members, Orr Fellowship Alumni, current Orr Fellows, Host Company Executives, and other special guests.

So far, I have completed four months of the Orr Fellowship, and I can honestly say that it has lived up to and even exceeded my expectations.  The Orr Fellowship doesn’t need a sales pitch.  It speaks genuinely of itself. 

 

Orr Recruiting Off to a Great Start

Tuesday, September 14, 2010 by Brant Howell


Recently, Bob Reish, Matt Barloh and I attended the first career fair of the season! We traveled north to our Alma mater, The University of Notre Dame, and after spending the morning promoting the Orr Entrepreneurial Fellowship in front of several classes, we moved to the fair to further spread the word about this amazing program.

We met some great candidates and had a ton of fun getting to know many of the good prospects for the Orr Fellowship Class of 2011. We had conversations with people we had asked to come see us, and also a surprising number of folks who sought us out after they had heard of our program from friends.

Many candidates were not specifically looking for entrepreneurial companies or technology jobs in Indianapolis, but when we began discussing the fantastic networking opportunities in Indianapolis, and the high growth start-ups we work with, we could see their interest begin to swell. Of course, many of our best candidates had serious offers from big companies and other prestigious post-graduate programs, so with this strong competition it was even more incredible to see the how their eyes would light up when we discussed the opportunities at the Orr Fellowship. Obviously the advantages the three of us saw in the Orr Fellowship resonate with other people.

The recruiting season is off to a great start but there is still much to do. It is obvious already however that the word is spreading about this great opportunity. With a little luck this recruiting season will be the best yet.
 


Maximize The Alpha

Tuesday, September 7, 2010 by Trey Buck

 
In the financial world, the term "alpha" is meant to signify a measure of performance that is adjusted for risk.  But how do we measure risk in the real world?  Are some entry-level jobs in start-ups more or less risky than others?  How can we know when we've found a winner, that coveted "diamond in the ruff"?


Some may say that it is nearly impossible to assess the risks of any new venture considering the volatility of markets, the unpredictable nature of competition, and the influence of shear luck and ingenuity.  While some of that may be true, there are certainly places that have been historically more successful than others: the Silicon Valley specifically.  But for the last decade or more, the Valley has seen stiff competition, with distinguished post-grad jobs popping up across the nation (and the world). 

I would argue that Indiana is one of the places most suited for companies hiring new grads to establish their roots: our cost of living is significantly lower than other states; our central location within the US places almost any major city within a day's drive; and Indiana has managed to keep its state and local government budgets contained while others have moved even closer to bankruptcy.

And these advantages have not gone unnoticed by the entrepreneurial community:  Start-Up Indiana is focused on developing high-growth start-ups in the region; Indianapolis now has its own start-up newsletter, Startup Digest, a free service helping entrepreneurs find events that might peak their interests; and the Orr Fellowship which is aimed at finding and growing tomorrows business leaders through placement in entry-level positions in entrepreneurial companies.  All of these initiatives are great examples of organizations driving jobs and opportunity within Indiana and sewing the seeds of growth and fortune.

        

So when thinking about how to evaluate job opportunities, remember to find those places that minimize the risk of failure and maximize the chances of success.  Look to the local community and their support for up-and-coming entrepreneurs.  Ask questions.  Seek  guidance.  And most importantly, do all you can to maximize the alpha in your life and career.

Oh, the Possibilities!

Monday, September 6, 2010 by Nick Brauer

It’s funny, you know, how everyday life can get in the way. We start out with some sort of plan—even just a short-term intention—yet are later shocked to find we’re somewhere we never intended to be. It’s like going online “just for second” and an hour later finding you’re reading some obscure article about “The Principles of Collective Animal Behavior.” God only knows how you got there.

One day a few years back, out to lunch with a mentor from Kimberly-Clark, I found myself asking how he kept his busy life in order. With a fast-paced career, a wife, a few kids, how did this guy even find a second to talk to me? “I have clear priorities,” he said, “and I stick to them.” Okay, great, I thought. Priorities—I have a million of them, I remarked. He smiled. You have to treat life like a pickle jar, he told me. My writhed face must have confirmed I hadn’t heard the analogy before, because he went on.

Yes, a pickle jar. You have finite time, energy, and resources—that’s the jar. First, you have to fill up the jar with your big rocks—those things most important to you, those that if you accomplished nothing else, you’d still be happy. Next, smaller stones fill in the spaces left between the rocks with those things you’d really like to do. Then, pebbles fill in a little more. And then sand until you think you couldn’t possibly fit another molecule in the jar. Finally, you drown the rocks, pebbles, and sand with water—using those few minutes here and there to accomplish the least important things in your life.

By the end, I was smiling. There it was, the answer—so simple: It’s impossible to have a million number one priorities. And I’ve learned more since then, especially that it’s perfectly okay to let some things fall to the wayside if they don’t align with your priorities. Scott Brenton talked about our priorities as Orr Fellows—first to do outstanding work for the host companies, second to help grow the Fellowship. I would contend being part of an entrepreneurial fellowship is only a part of my life, albeit now a large part. Working at one of the fastest-growing companies in the U.S. certainly demands much of my time, but that’s okay because my work is a top priority for me right now. So I ask, what are your top priorities?

It takes a little reflection to figure out if you’re really spending the majority of your time on your top priorities, but I challenge you to do so. You’ll be happier six months from now when you pause to reflect upon where you’ve ended up. Because perhaps unlike in the past, you’ll be very near where you wanted to be.

The Orr Fellowship provides an opportunity for recent graduates to be placed in fast paced jobs within some of the top entrepreneurial companies in Indianapolis.  For more information about the Fellowship program and how to apply, visit www.orrfellowship.org.
 


What Do Orr Fellows Really Do? - A Day in the Life

Monday, August 30, 2010 by Bryan Povlinski
With school now back in session we're quickly approaching the fall recruiting season.  It's an exciting (and somewhat stressful) time for college seniors as they look to secure jobs after graduation.  It's also an exciting time for Orr Fellows because we'll be back on campus over the next couple months trying to bring some of the best and brightest in Indiana into our program.

The biggest question that I had through the entire recruiting process when I was looking for entrepreneurial job opportunities in Indiana was - What will I be doing on a daily basis?  What kinds of responsibilities will I have and what kinds of things will I need to get done?

8:15-9:00 - Check web analytics
I manage all of the marketing analytics for our corporate web site as well as the 2 ecommerce sites that we run.  When I get in on Monday morning I check through the stats from the past week and make a note of any major events or abnormalities.  For our corporate site I take a look at all of the networks that Google Analytics has listed as accessing our site and parse those down to actual prospects for our sales team.

9:00-9:30 Make changes to pay-per-click campaign
Through the analytics I can see how our pay-per-click campaigns have been performing for our ecommerce sites.  We just recently started a new campaign and it needs to be constantly monitored and improved.  Today I tweaked a few of the under-performing ads to see if we can improve our campaigns and drive more targeted visitors to our site.

9:30 - 11:00 Begin drafting requirements for enhancements in new software release
Fifth Gear provides services to companies who sell goods online - so order fulfillment, ecommerce software, and marketing services are our specialty.  A big part of that is constantly improving our ecommerce/order management software. All of our clients run their businesses on this software, as well as our warehouse so it is important that we keep it updated.  I am a quasi project manager that acts as a facilitator between our software development team in India and our warehouse and operations team in Missouri.  I spent some time this morning writing out the requirements for 2 new enhancements in our software platform

11:00 - 11:30 Send emails to our development team in India 
To make sure everyone is on the same page I'm often communicating with our team in India to see if they need any additional information to complete their software development work and also to check on the status of projects in motion to see when we can schedule our next meeting to discuss new enhancements

11:30 - 1:00 Lunch with a local business owner
Although this particular lunch had more to do with my own personal networking than the Orr Fellowship many Orr Fellows will set up lunch meetings with others involved in the program or other business people in the community.  It's a great way to expand your network and to find more growth opportunities

1:00 - 2:00 Continue drafting requirements documents
Spent some more time getting the requirements finished up.  We're working on incorporating an exchange rate API into our software with the addition of an international client and also working on simplifying our order import process.

2:00 - 3:00 Systems/Operations team meeting
We have a weekly meeting to discuss all of the different projects going on within our team, and we get updates on what might be coming up next.

3:00 - 4:00 Miscellaneous Planning and Email
I wanted to make sure I kept a few smaller projects moving and that required sending emails and talking with a few people around the office.  I scheduled a meeting with a new liquidation client that will be selling goods on one of our ecommerce sites, talked with a manager about next steps in the financial analysis that I prepared on one of our sites, and sent emails to set up a meeting with development team on an upcoming enhancement

4:00-5:30 Write blog post and prepare for career workshop 
It's not every day that I spend time working on Orr Fellowship activities, but today I spent the end of my afternoon writing this blog post and preparing for our career planning workshop that I'm organizing in 2 weeks.

So that's my day in a nutshell, and the best part about working for a high growth start-up is that it will likely be completely different tomorrow. I have a few recurring responsibilities, but projects and priorities can change quickly and I always have to be ready for the next thing that might be thrown my way.  It's also likely that my day looks almost nothing like some of the other Orr Fellows.  Some people might be working in finance or going out on sales calls so our experiences at different companies might be completely different.

For those of you interested in joining the Orr Fellowship I hope that gives you a better idea of some potential day-to-day tasks, but don't be afraid to press any of us to hear different perspectives.

From The Punch Guy to The Orr Fellowship and ASI

Saturday, August 21, 2010 by Zac Workman

My name is Zac and I am a recent grad from the Kelley School of Business at Indiana University.  Like many of you, I too was beginning to think about where the future would take me about this time last year.  With interviews and job offers just around the corner, I had absolutely no idea where I would end up come graduation.  But that's not the whole story.

As a sophomore at IU, I decided one day that it might be cool to start my own company.  I mean who doesn't like the idea of being your own boss and setting your own hours?  I would just start a company and the dollars would start rolling in.  It sounded like a great plan at the time so I founded an LLC and began creating Punch Energy Drink.  Well turns out that running a company wasn't as easy as I thought once the new wore off and we had to get down to business.  Within six months we had signed a contract with Anheuser-Busch and we were on store shelves and receiving plenty of media attention.  Things were looking great and I was thinking to myself how easy it was.  We had been featured as one of the coolest college start-ups for 2009 by Inc. Magazine, Fox Business Network ran a story, and BevNET had given our product fantastic reviews.  

However, the 2009 blues hit us hard and with the economy Punch was beginning to be less viable as a competitor among the cash kings within the industry.  We simply couldn't compete at a level that would allow us to grow and stay within our very limited budget.  A co-sponsored Indy 500 car and lawsuit later, Punch had seen better days.  That was my senior year, but I wasn't ready to give up on Punch or my entrepreneurial spirit just yet. 

The Orr Fellowship was the answer I had been looking for and an opportunity that I couldn't pass up.  I knew that they could place me within an entrepreneurial company and that I would be at one of the best places to work in Indiana with a network of people just like me.  The opportunity to be part of a program that allowed me to network with business leaders in Indiana as well as expand my social network while staying involved with Punch, was all I needed.  It was the perfect opportunity for me and it has turned out to be a perfect fit.

Now, as an Orr Fellow, I work full time for Author Solutions Inc. as a Marketing Specialist.  I primarily work with our core brands and partners within the online realm of brand awareness and development, but I also work closely with our product development team.  This is very similar to what we did with Punch and fits me very well.  When we launch new products we have to go through the same process that I did with launching Punch and it is a great opportunity to learn each part of the business.  The Fellowship is a great way to take a step into the real world without having to take a dive into the typical corporate America setting as just another number at company XYZ.


 


Want to impact your net worth? Employ yourself ASAP!

Thursday, August 19, 2010 by Felix Lukose
A study that was conducted at the National Opinion Research Center (NORC) at the University of Chicago for the Small Business Administration's Office of Advocacy has found a positive link between the number of years an individual is self-employed and their likelihood to be self-employed throughout their career. The study, which can be found here, set out to answer some questions as to what sort of things guide an individual to self-employment. They ultimately concluded with some findings that were previously unknown.

They found that those who reported self-employment tend to have parents with higher educational attainment and were more likely to have grown up in a rural area or farm. In addition, early exposure to self-employment increases the likelihood an individual is self-employed in their early and mid-careers. There was an especially strong link between those that indicated self-employment between ages 20-22 with their measure between ages 22-41. The availability of financial resources did impact the probability of self-employment, but by very little. Lastly, every additional year of self-employment increases income and net worth significantly.

So what does all of this mean? Well, if earning potential and entrepreneurship are goals and interests of yours, getting involved early makes a huge difference. The study is basically saying that the more involved with self-employment you are early in your life and career, the more likely it is that you will be self-employed later on, expanding your career opportunities. In addition, you will impact your earning potential more.

We live in an economy that thrives on businesses. There is nothing that stimulates local and national markets more than the success of all businesses, large or small. Our government has called for more entrepreneurial spirit, and those that got involved early will tell you that it's worth it. Most people aspire to work for themselves for a multitude of reasons. Whether you are interested in working your own hours or not having to answer to someone, the allure of self-employment is evident. However, it is not without its challenges.

Many fail in their ventures simply because of a lack of preparation. Having a great idea is one of the most empowering feelings, but there is a huge difference between idea generation and execution. Those that succeed, succeed in execution. A significant portion of that is experience and preparedness. I have gathered from my interaction with entrepreneurs that starting a business is much like trading stocks; you won't learn how to do it well until you get in there and do it yourself. This study seems to punctuate that belief.

How does one get involved early? I know that it wasn't very feasible for me to start my own company. Besides lacking a great idea, I have very little financial means to support an entrepreneurial venture. However, I feel that I have positioned myself to gain experience through the Orr Fellowship. If you are in a similar position as I was, I would suggest exactly the same to you. The path to an entrepreneurship career may begin by taking a job at a small company. Research, and find entrepreneurship opportunities in your local community. Identify some high-growth start-ups and apply for a job there. They may not have a position for you, so get creative and make one! Even offering to serve as an unpaid "apprentice" can get your foot in the door if you have no other options. Working in this environment will be sure to give you an inside look at an entrepreneurial operation.

When you start early, you make mistakes early. Getting those mistakes out of your system and gaining the valuable knowledge that they offer can be the difference between someone who continues down the path of self-employment and someone who has to learn the hard way later on. The earlier you start, the potential number of successful years you have in front of you is greater.





Yay Entrepreneurship, Fellowship, and Good Times

Tuesday, August 17, 2010 by Alex Lau
What’s up every one.   My name is Alex.  I graduated from Valparaiso University this past May, and joined Apparatus back on the 14th of June as part of the Orr Entrepreneurial Fellowship.  I moved into an apt. in Broad Ripple on the 10th of June.  It was a pretty quick turnaround from graduation.  I had pneumonia between graduation on the 14th of May and moving to Indianapolis.  That being said, I was very excited to get started because of being bedridden for so long.  For fear of jinxing my experience, I have been hesitant to express how much I have enjoyed Apparatus and the Orr Fellowship.  I’m going to focus on the Fellowship for this blog.


Reasons for joining the Orr Entrepreneurial Fellowship:
   
   
    -    My strengths met Apparatus’s needs currently, as well as 2,3,4 years down the road
    -    Large breadth of experience
    -    Exposure to many parts and different skill sets of a company.
    -    Social Network in a new city.
    -    2-year commitment.


After 2 months of working and attending Orr Fellow events, I’d like to make a couple comments on a couple of these expectations.  Closer friends of mine from my home state of Minnesota have had some difficulties transitioning from school to work.  Reasons include being in one position, and being in that position indefinitely.  I have had some type of time commitment/goal since I was 5 years old (ie. elementary school; high school; college).  It was tough imagining a stage in my life that “had no end” unless I said so.  The fellowship provides that two-year commitment.  It also provides a social atmosphere that eases the transition from college to the blob called work.  I’m not saying that if you join the fellowship, you will have no struggles transitioning from school to work, but I will say that it helps.  In my next blog, I will talk more about how the fellowship has enhanced my first job out of college.